BOSTON--(BUSINESS WIRE)--Loomis, Sayles & Company will host 34 recent high school graduates from
the Boston Public Schools today for uAspire’s annual Last Dollar
Scholarship Orientation. At the event, uAspire will award $34,000 in
scholarships to these college-bound graduates. The event will feature a
networking session where students will have the opportunity to learn the
benefits of networking and practice with Loomis Sayles volunteers.

Last Dollar Scholarships help students cover unmet financial need after
they have completed the college selection and financial aid review
process. These scholarships, matched with uAspire’s college
affordability advising services, help students overcome the financial
barriers to higher education and lead to increased enrollment. 84% of
uAspire’s low-income advisees re-enrolled in college for their second
year, compared to 70% of college freshmen nationally.

“We are grateful to Loomis Sayles for their continued commitment to our
mission of helping students reach their full potential regardless of
their families’ financial resources,” said Gaby King Morse, Executive
Director, uAspire Massachusetts. “Their partnership helps uAspire ensure
that thousands of young people in the City of Boston and across
Massachusetts have the financial support they need to forge an
affordable path through higher education.”

Students will also receive care packages containing dorm room essentials
that were assembled by Loomis Sayles volunteers. This is the third year
that Loomis Sayles has provided these supplies, which are designed to
alleviate some of the non-tuition related costs of attending college.

Annually, the uAspire Last Dollar Scholarship provides approximately
$100,000 in funding to over 100 students in the City of Boston. Funding
is distributed based solely on financial need for students who have
worked with a uAspire College Affordability Advisor. The scholarships
range from $500 to $2,000 and are renewable for up to six years.

For more information on uAspire or the Last Dollar Scholarship, please
contact Wally DeGuglielmo at (617) 778-7195 x110 or wallyd@uaspire.org.

uAspire’s mission is to ensure that all young people have the financial
information and resources necessary to find an affordable path to—and
through—a postsecondary education. To accomplish this mission, uAspire
partners with schools and community organizations to provide financial
aid advice and advocacy to young people and families to help them
overcome the financial barriers to higher education. uAspire provides
college affordability guidance and information to students in grades
7-16 in six communities nationwide (Boston, Lawrence, Springfield, and
Fall River, Massachusetts; Miami, FL; and the Bay Area of California) as
well as providing training, tools, and ongoing support to frontline
practitioners at school districts, charter management organizations, and
community-based organizations across the country. uAspire is committed
to reaching the day when all young people have the opportunity to reach
their full potential by graduating from college, regardless of their
families’ financial resources or college experience. For more
information, please visit www.uaspire.org.